Subj : Market Action To : All From : Paul Rogers Date : Fri Jan 31 2003 05:42 pm


"As January goes, so goes the year," is that it?  It's been surprizingly
accurate, but it isn't an indicator I follow.  Well, if that's it then
this is going to be the fourth year of falling prices for the first time
since 1932-1936.  It will have severe consequences.

Prices fell just a bit short to declare this an Accumulation Day.  We
didn't make back everything we lost yesterday.

I read the unnamed analysts suggested this was bargain hunting.  But
then I also read that Blair is talking to Bush about a new UN resolution
that might be hopeful.  Getting this thing resolved finally without war
would certainly improve the Street's outlook.

Price     Vola-     Momen-    Volume    Oscil-    Summ.
Change    tility    tum                 lator     Index
 -__+      -__+      -__+      -__+      -__+      -__+

 _<__      __>_      _|__      __>_      <___      __<_     01/27
 __<_      __>_      _|__      __>_      <___      __<_     01/28
 __<_      __>_      _|__      __>_      _|__      __<_     01/29
 _|__      __>_      _|__      __>_      |___      __<_     01/30
 __>_      __>_      _|__      __>_      _>__      __<_     01/31

Timing Signals:  I don't use or recommend timing signals, but they're
fun to watch.  If I did though, well, I might use something like this.
(Be warned!!  It tends to whipsaw around signal points!)

Last Signal: SELL       Date:  01/17/03 S&P:    902
Winner or Loser:  Loser                 By:     -7

See my market tracking charts for '01-'02 and my investment strategy
study at my websites:
http://www.xprt.net/~pgrogers/Pers.html
http://www.angelfire.com/or/paulrogers/Pers.html
http://www.geocities.com/paulgrogers/Pers.html

.... Day-o...Day-ay-ay-o, Daylight come and me want go home. ___ MultiMail/MS-DOS v0.35 --- * Origin: The Bare Bones BBS (1:105/360) .